Los Angeles, CA 90028,1848 N Gramercy Pl
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Los Angeles, CA 90028,1848 N Gramercy Pl
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$ 10,545,000
Est. payment /mo
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1848 N Gramercy Pl Los Angeles, CA 90028

8 Beds

48 Baths

34,320 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 34,320 sqft

Price per Sqft $307

MLS Listing ID 25611107

Bedrooms 8

Year Built 1929

Lot Size 0.318 Acres

Acres 0.3178

Property Sub-Type Multi-Family

Property Description

1848 N Gramercy Pl is a 48-unit Beaux-Arts style apartment building located in the desirable Los Feliz neighborhood of Los Angeles. Built in 1929, the property offers a mix of studios and one-bedroom units with an average size of approximately 500 square feet. Amenities include on-site management, elevator, controlled access, security surveillance, a landscaped courtyard, and laundry facilities.The property presents a value-add opportunity, with potential to enhance unit interiors from legacy tenants and common areas to further increase rental income. Located in one of the few submarkets inLos Angeles where leasing activity remains strong and rents have stayed stable, 1848 N Gramercy Pl benefits from consistent tenant demand and long-term growth potential.Conveniently positioned near the Hollywood Freeway, the property offers easy access to numerousHollywood landmarks, exceptional restaurants, and vibrant nightlife.

Location

State CA

County Los Angeles

Area Hollywood

Zoning LAR3

Building

Story 5

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Atlas Real Estate Corporation

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1848 N Gramercy Pl

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Phone*

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Anastasiya Richards

+1(510) 493-0442

akheystver@gmail.com

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